{"id":24559,"date":"2023-03-16T05:44:04","date_gmt":"2023-03-16T04:44:04","guid":{"rendered":"http:\/\/www.infokuryr.cz\/n\/?p=24559"},"modified":"2023-03-16T05:44:04","modified_gmt":"2023-03-16T04:44:04","slug":"nakaza-z-krachu-americkych-bank-svb-a-signature-se-siri-do-evropy","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2023\/03\/16\/nakaza-z-krachu-americkych-bank-svb-a-signature-se-siri-do-evropy\/","title":{"rendered":"N\u00e1kaza z krachu americk\u00fdch bank SVB a Signature se \u0161\u00ed\u0159\u00ed do Evropy!"},"content":{"rendered":"
<\/div>\n

N\u00e1kaza z krachu americk\u00fdch bank SVB a Signature se \u0161\u00ed\u0159\u00ed do Evropy! \u0160v\u00fdcarsk\u00e1 Credit Suisse se propadla o 21% pot\u00e9, co \u010d\u00edn\u0161t\u00ed a arab\u0161t\u00ed podnikatel\u00e9 za\u010dali hore\u010dn\u011b vyb\u00edrat vklady ze strachu ze zmra\u017een\u00ed \u00fa\u010dt\u016f podobn\u011b, jako to potkalo rusk\u00e9 firmy! \u0160v\u00fdcarsko ji\u017e nen\u00ed neutr\u00e1ln\u00ed zem\u011b a bezpe\u010dn\u00fd p\u0159\u00edstav pro pen\u00edze, zazn\u00edv\u00e1 od poradensk\u00fdch firem v Asii! \u0160ok se p\u0159enesl do Francie a BNP Paribas se propadla o 11% a zastavila obchodov\u00e1n\u00ed! Spole\u010dn\u00fdm jmenovatelem propadu bank je odliv finan\u010dn\u00ed likvidity z toxick\u00e9ho prost\u0159ed\u00ed z\u00e1padn\u00edch bank!<\/h4>\n

Ji\u017e minul\u00fd t\u00fdden v p\u00e1tek do\u0161lo v USA ke krachu jedn\u00e9 z nejv\u011bt\u0161\u00edch bank poskytuj\u00edc\u00edch \u00fav\u011bry pro technologick\u00e9 firmy tzv.\u00a0Nov\u00e9ho v\u011bku<\/em>, tedy p\u0159edev\u0161\u00edm do startup\u016f z oblasti projekt\u016f\u00a0New Green Deal<\/em>\u00a0a obnoviteln\u00fdch zdroj\u016f.\u00a0Silicon Valley Bank (SVB) zbankrotovala kr\u00e1tce pot\u00e9, co americk\u00e9 poradensk\u00e9 spole\u010dnosti za\u010daly po\u010d\u00e1tkem minul\u00e9ho t\u00fddne sv\u00fdm akcion\u00e1\u0159\u016f a klient\u016fm banky radit, aby rad\u011bji p\u0159evedli sv\u00e9 pen\u00edze n\u011bkam jinam<\/strong>, a to z d\u016fvodu toxicity obrovsk\u00fdch objem\u016f americk\u00fdch st\u00e1tn\u00edch dluhopis\u016f s n\u00edzk\u00fdmi \u00faroky z minul\u00fdch let. Nejprve si vysv\u011btl\u00edme, k \u010demu vlastn\u011b do\u0161lo.\u00a0Krach SVB p\u0159i\u0161el n\u00e1hle, de facto po pouh\u00fdch 48 hodin\u00e1ch, b\u011bhem nich\u017e klienti vyb\u00edrali vklady z banky v r\u00e1mci klasick\u00e9ho runu na banku.<\/p>\n

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Run na pobo\u010dku SVB<\/figcaption><\/figure>\n

Ko\u0159eny p\u00e1du SVB v\u0161ak sahaj\u00ed n\u011bkolik let do minulosti. Stejn\u011b jako mnoho dal\u0161\u00edch bank i SVB vlo\u017eila miliardy do americk\u00fdch st\u00e1tn\u00edch dluhopis\u016f v dob\u011b t\u00e9m\u011b\u0159 nulov\u00fdch \u00farokov\u00fdch sazeb. To, co se zd\u00e1lo b\u00fdt bezpe\u010dnou s\u00e1zkou na jistotu, se rychle vymklo kontrole, proto\u017ee\u00a0Feder\u00e1ln\u00ed rezervn\u00ed syst\u00e9m (FED) za\u010dal v roce 2022 agresivn\u011b zvy\u0161ovat \u00farokov\u00e9 sazby, aby zkrotil inflaci.<\/strong><\/p>\n

Kdy\u017e \u00farokov\u00e9 sazby rostou, ceny americk\u00fdch st\u00e1tn\u00edch dluhopis\u016f klesaj\u00ed, tak\u017ee skokov\u00fd n\u00e1r\u016fst sazeb FEDu sn\u00ed\u017eil hodnotu dluhopisov\u00e9ho portfolia SVB. Portfolio minul\u00fd t\u00fdden vyn\u00e1\u0161elo SVB v pr\u016fm\u011bru 1,79 %, co\u017e je hluboko pod v\u00fdnosem desetilet\u00fdch st\u00e1tn\u00edch dluhopis\u016f prod\u00e1van\u00fdch dnes, kter\u00fd se pohybuje kolem 3,9 %, uvedla agentura Reuters.<\/p>\n

Run na americkou vlajkovou bankovn\u00ed lo\u010f\u00a0New Green Deal<\/em>\u00a0agendy odstartoval novou bankovn\u00ed n\u00e1kazu<\/span><\/h6>\n

Sou\u010dasn\u011b se kv\u016fli zvy\u0161ov\u00e1n\u00ed \u00farokov\u00fdch sazeb ze strany Fedu zv\u00fd\u0161ily v\u00fdp\u016fj\u010dn\u00ed n\u00e1klady, co\u017e znamen\u00e1, \u017ee technologick\u00e9 startupy musely sm\u011b\u0159ovat v\u00edce hotovosti na spl\u00e1cen\u00ed dluhu. Z\u00e1rove\u0148 se sna\u017eily z\u00edskat nov\u00e9 prost\u0159edky rizikov\u00e9ho kapit\u00e1lu. A to nakonec donutilo spole\u010dnosti \u010derpat sv\u00e9 vklady na \u00fa\u010dtech v dr\u017een\u00ed SVB, aby firmy mohly financovat sv\u016fj provoz a r\u016fst.<\/p>\n

Probl\u00e9my SVB lze sice vysledovat a\u017e k jej\u00edm d\u0159\u00edv\u011bj\u0161\u00edm investi\u010dn\u00edm rozhodnut\u00edm, ale run na banku byl vyvol\u00e1n ve st\u0159edu minul\u00fd t\u00fdden, kdy jeden v\u011b\u0159itel ozn\u00e1mil, \u017ee prodal \u0159adu cenn\u00fdch pap\u00edr\u016f SVB se ztr\u00e1tou a \u017ee prod\u00e1 nov\u00e9 akcie v hodnot\u011b 2,25 miliardy dolar\u016f<\/strong>, aby zalepil d\u00edru ve sv\u00fdch financ\u00edch zp\u016fsoben\u00fdch nedostatkem hotovosti na kryt\u00ed mezd sv\u00fdch zam\u011bstnanc\u016f a na financov\u00e1n\u00ed projekt\u016f.<\/p>\n

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Run na pobo\u010dku SVB v Kalifornii<\/figcaption><\/figure>\n

To vyvolalo paniku mezi klienty SVB, kte\u0159\u00ed si hromadn\u011b vyb\u00edrali sv\u00e9 pen\u00edze. Akcie banky se ve \u010dtvrtek propadly o 60% a st\u00e1hly s sebou dol\u016f i ostatn\u00ed bankovn\u00ed akcie, proto\u017ee investo\u0159i se za\u010dali ob\u00e1vat opakov\u00e1n\u00ed glob\u00e1ln\u00ed finan\u010dn\u00ed krize p\u0159ed deseti a p\u016fl lety. V p\u00e1tek r\u00e1no minul\u00fd t\u00fdden bylo obchodov\u00e1n\u00ed s akciemi SVB zastaveno a banka se p\u0159estala sna\u017eit z\u00edskat kapit\u00e1l nebo naj\u00edt kupce.<\/p>\n

Kalifornsk\u00e9 regula\u010dn\u00ed org\u00e1ny zas\u00e1hly, banku zav\u0159ely a sv\u011b\u0159ily ji do nucen\u00e9 spr\u00e1vy Feder\u00e1ln\u00ed spole\u010dnosti pro poji\u0161t\u011bn\u00ed vklad\u016f, co\u017e obvykle znamen\u00e1 likvidaci majetku banky za \u00fa\u010delem vyplacen\u00ed vkladatel\u016f a v\u011b\u0159itel\u016f.<\/strong>\u00a0Banka se zhroutila z d\u016fvodu nedostatku likvidity, nem\u011bla fyzicky k dispozici rezervy, ze kter\u00fdch by mohla kr\u00fdt hromadn\u00e9 v\u00fdb\u011bry sv\u00fdch klient\u016f. Hlavn\u00ed p\u0159\u00ed\u010dinou krachu banky je tak ned\u016fv\u011bra vkladatel\u016f v bankovn\u00ed syst\u00e9m ochrany vklad\u016f, kter\u00fd v USA garantuje klient\u016fm ochranu jen do v\u00fd\u0161e 250 000 USD na \u00fa\u010det a osobu \u010di firmu.<\/p>\n

Banky za\u010daly m\u00edt probl\u00e9my s likviditou, nemaj\u00ed \u010d\u00edm platit \u00farokov\u00e9 slu\u017eby za p\u016fj\u010den\u00e9 pen\u00edze od centr\u00e1ln\u00edch bank<\/span><\/h6>\n

Zat\u00edmco pro jednotlivce je takov\u00e1 garance teoreticky dosta\u010duj\u00edc\u00ed, pro podnikatele a zejm\u00e9na firmy je absurdn\u011b n\u00edzk\u00e1, proto\u017ee objemy technologick\u00fdch firem a startup\u016f na \u00fa\u010dtech jsou v \u0159\u00e1dech des\u00edtek nebo i stovek milion\u016f dolar\u016f. Na ve\u0159ejnost se dostaly informace o tom, \u017ee banka m\u00e1 toxick\u00e9 st\u00e1tn\u00ed dluhopisy s n\u00edzk\u00fdm \u00faro\u010den\u00edm a vzhledem k vysok\u00fdm sou\u010dasn\u00fdm \u00farokov\u00fdm sazb\u00e1m centr\u00e1ln\u00ed banky bude z\u00edsk\u00e1n\u00ed hotovosti velmi drah\u00e9 a nebude mo\u017en\u00e9 z\u00e1p\u016fj\u010dky pen\u011bz se sou\u010dasn\u00fdm \u00farokem okolo 4% amortizovat a spl\u00e1cet \u00faroky pomoc\u00ed v\u00fdnos\u016f z letit\u00fdch st\u00e1tn\u00edch dluhopis\u016f s \u00farokem okolo 1,5% \u010di m\u00e9n\u011b.<\/p>\n

A kdy\u017e je tedy z\u00edsk\u00e1n\u00ed likvidity pro banku velice drah\u00e9, tak nastupuje krok \u010d. 2 v podob\u011b \u010derp\u00e1n\u00ed likvidity banky p\u0159\u00edmo z vklad\u016f sv\u00fdch klient\u016f anebo navy\u0161ov\u00e1n\u00ed z\u00e1kladn\u00edho jm\u011bn\u00ed banky n\u011bkter\u00fdm z akcion\u00e1\u0159\u016f. Banka tedy u\u017e sv\u00e9 cash flow ne\u010derp\u00e1 z levn\u00fdch pen\u011bz p\u016fj\u010den\u00fdch za nula nula nic od centr\u00e1ln\u00ed banky, ale bere si ty pen\u00edze tzv. na krev, tedy z vkladov\u00fdch \u00fa\u010dt\u016f klient\u016f anebo akcion\u00e1\u0159\u016f banky.<\/p>\n

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FED \u2013 Americk\u00e1 centr\u00e1ln\u00ed banka<\/figcaption><\/figure>\n

Velci vkladatel\u00e9 a velc\u00ed klienti banky to samoz\u0159ejm\u011b zjist\u00ed z r\u016fzn\u00fdch kan\u00e1l\u016f na kapit\u00e1lov\u00fdch trz\u00edch, kde se objevuj\u00ed informace o tom, jak banka najednou vrh\u00e1 na trh a prod\u00e1v\u00e1 tzv.\u00a0matured bonds<\/em>, tedy splatn\u00e9 letit\u00e9 dluhopisy s n\u00edzk\u00fdm \u00farokem v obrovsk\u00fdch objemech, co\u017e znamen\u00e1 probl\u00e9my banky. Banka nikdy neprod\u00e1v\u00e1\u00a0matured bonds<\/em>\u00a0se ztr\u00e1tou, nen\u00ed-li k tomu donucena nedostatkem likvidity.<\/p>\n

Je-li banka zdrav\u00e1 a siln\u00e1, potom si st\u00e1tn\u00ed dluhopisy podr\u017e\u00ed mnoho let a prod\u00e1 je na trhu a\u017e v dob\u011b, kdy centr\u00e1ln\u00ed banka sn\u00ed\u017e\u00ed \u00farokov\u00e9 sazby pod \u00farove\u0148 \u00faro\u010den\u00ed st\u00e1tn\u00edch dluhopis\u016f, tak\u017ee banka prod\u00e1 dluhopisy se ziskem. A pr\u00e1v\u011b SVB v d\u016fsledku nedostatku likvidity musela ud\u011blat krok, kter\u00fd zpe\u010detil jej\u00ed osud.<\/p>\n

SVB prodala Goldman Sachs americk\u00e9 st\u00e1tn\u00ed dluhopisy za skoro 24 miliard USD s obrovskou \u00fa\u010detn\u00ed ztr\u00e1tou skoro 2 miliard dolar\u016f<\/span><\/h6>\n

P\u0159ed n\u011bkolika hodinami Reuters p\u0159inesla odhalen\u00ed\u00a0[1<\/a>]<\/strong>, \u017ee za p\u00e1dem SVB stoj\u00ed utajen\u00e1 informace, kter\u00e1 vyplula na povrch a vyvolala \u0161ok mezi vkladateli banky.\u00a0Podle t\u011bchto informac\u00ed toti\u017e SVB ji\u017e 8. b\u0159ezna prodala Goldman Sachs Group Inc. obrovsk\u00fd bal\u00edk sv\u00fdch toxick\u00fdch st\u00e1tn\u00edch dluhopis\u016f s n\u00edzk\u00fdm \u00faro\u010den\u00edm za \u00fa\u010detn\u00ed hodnotu 23,98 miliardy USD s tr\u017en\u00ed ztr\u00e1tou dosahuj\u00edc\u00ed 1,8 miliardy USD.<\/strong>\u00a0Banka tak prodala sv\u00e9 letit\u00e9 dluhopisy s obrovskou ztr\u00e1tou, a to s jedin\u00fdm c\u00edlem, z\u00edskat likviditu pro sv\u016fj provoz.<\/p>\n

Kdy\u017e banka prod\u00e1v\u00e1 st\u00e1tn\u00ed dluhopisy v takov\u00fdch objemech a s takovou ztr\u00e1tou, je jasn\u00e9, \u017ee je na tom \u0161patn\u011b, a proto poradensk\u00e9 firmy za\u010daly po\u010d\u00e1tkem minul\u00e9ho t\u00fddne radit sv\u00fdm klient\u016fm, aby vybrali sv\u00e9 vklady z SVB a p\u0159evedli je jinam. A \u00fapln\u011b ten sam\u00fd probl\u00e9m potkal z\u00e1hy pot\u00e9 dal\u0161\u00ed americkou banku. Signature Bank, kter\u00e1 zkrachovala ze stejn\u00fdch d\u016fvod\u016f. Hromadn\u00e9 v\u00fdb\u011bry klient\u016f pot\u00e9, co se dozv\u011bd\u011bli, \u017ee banka prod\u00e1v\u00e1 se ztr\u00e1tou v obrovsk\u00fdch objemech st\u00e1tn\u00ed dluhopisy, aby z\u00edskala cash flow. Tato bankovn\u00ed n\u00e1kaza se za\u010dala v pond\u011bl\u00ed \u0161\u00ed\u0159it i do Evropy.<\/p>\n

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Credit Suisse je nejv\u011bt\u0161\u00ed \u0161v\u00fdcarsk\u00e1 banka<\/figcaption><\/figure>\n

\u0160v\u00fdcarsk\u00e1 Credit Suisse se propadla [2<\/a>] za pouh\u00fdch 7 dn\u00ed o neuv\u011b\u0159iteln\u00fdch 21% a d\u016fvod je \u00fapln\u011b stejn\u00fd jako u SVB a Signature v USA.<\/strong>\u00a0Hromadn\u00e9 v\u00fdb\u011bry z \u00fa\u010dt\u016f Credit Suisse ze strany \u010d\u00ednsk\u00fdch a arabsk\u00fdch klient\u016f, kte\u0159\u00ed na z\u00e1klad\u011b doporu\u010den\u00ed poradensk\u00fdch firem stahuj\u00ed pen\u00edze ze \u0161v\u00fdcarsk\u00fdch bank, kter\u00e9 ji\u017e nejsou pova\u017eov\u00e1ny za bezpe\u010dn\u00e9 vzhledem k tomu, \u017ee \u0161v\u00fdcarsk\u00e9 banky se p\u0159ipojily k sankc\u00edm USA a EU proti Rusku. Spole\u010dn\u011b se zhor\u0161ov\u00e1n\u00edm vztah\u016f mez\u00ed \u010c\u00ednou a kolektivn\u00edm Z\u00e1padem dostaly \u010d\u00ednsk\u00e9 firmy echo, aby st\u00e1hly sv\u00e9 pen\u00edze ze \u0161v\u00fdcarsk\u00fdch bank do jin\u00fdch destinac\u00ed mimo EU a mimo USA.<\/p>\n

Protirusk\u00e9 sankce se tak st\u00e1vaj\u00ed h\u0159eb\u00edkem do rakve \u0161v\u00fdcarsk\u00e9ho bankovnictv\u00ed, co\u017e je da\u0148 za ztr\u00e1tu neutrality \u0160v\u00fdcarska. To vedlo banku k rozhodnut\u00ed z\u00edskat likviditu nav\u00fd\u0161en\u00edm kapit\u00e1lov\u00e9 \u00fa\u010dasti National Saudi Bank v Credit Suisse, ale ve st\u0159edu do\u0161lo k ozn\u00e1men\u00ed, \u017ee tento pl\u00e1n pad\u00e1, proto\u017ee regulace Saud\u016f neumo\u017e\u0148uj\u00ed nav\u00fd\u0161en\u00ed pod\u00edl\u016f v Credit Suisse nad 10% sou\u010dasn\u00e9 pod\u00edlov\u00e9 \u00fa\u010dasti v Credit Suisse. Informace tak zp\u016fsobila dal\u0161\u00ed r\u00e1nu Credit Suisse a dal\u0161\u00ed propad banky.<\/p>\n

Bankovn\u00ed n\u00e1kaza se z USA p\u0159elila do Evropy a Credit Suisse se propadla o 21% a vz\u00e1p\u011bt\u00ed BNP Paribas o 11% v d\u016fsledku krize likvidity<\/span><\/h6>\n

Krize se p\u0159esunula u\u017e i do Francie, kde\u00a0BNP Paribas a Societe Generale se propadly o 11% a p\u0159\u00ed\u010dinou jsou v\u00fdb\u011bry depozitn\u00edch \u00falo\u017eek, tedy vklad\u016f velk\u00fdch klient\u016f<\/strong>, kte\u0159\u00ed se boj\u00ed roz\u0161\u00ed\u0159en\u00ed toxicity v bankovn\u00edm sektoru v Evrop\u011b v d\u016fsledku akutn\u00edho nedostatku finan\u010dn\u00ed likvidity kv\u016fli vysok\u00fdm \u00farokov\u00fdm sazb\u00e1m centr\u00e1ln\u00edch bank a ECB. Vysok\u00e9 sazby centr\u00e1ln\u00edch bank maj\u00ed za \u00fakol sni\u017eovat inflaci, ale paradoxn\u011b vedou k obrovsk\u00fdm probl\u00e9m\u016fm bank.<\/p>\n

Banky t\u00edm p\u00e1dem ztr\u00e1c\u00ed schopnost spl\u00e1cet \u00faroky z p\u016fj\u010den\u00fdch pen\u011bz od centr\u00e1ln\u00ed banky v\u00fdnosy ze st\u00e1tn\u00edch dluhopis\u016f. Banky dosud z\u00edsk\u00e1valy likviditu prakticky jen jedn\u00edm zp\u016fsobem, n\u00e1kupem likvidity od centr\u00e1ln\u00ed banky za n\u011bjakou sm\u011b\u0161nou \u00farokovou (lombardn\u00ed) sazbu. \u00daroky za tyto p\u016fj\u010den\u00e9 pen\u00edze se potom kr\u00e1lovsky snadno spl\u00e1cely v\u00fdnosy z \u00farok\u016f za st\u00e1tn\u00ed dluhopisy, kter\u00e9 dlouhodob\u011b m\u011bly vy\u0161\u0161\u00ed v\u00fdnosy ne\u017e byla \u00farokov\u00e1 sazba ECB nebo FEDu.<\/p>\n

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BNP Paribas<\/figcaption><\/figure>\n

Tak\u017ee banka si p\u016fj\u010dila stovky miliard EUR nebo USD od centr\u00e1ln\u00ed banky za \u00farok nulu anebo nula nula n\u011bco a potom dal\u0161\u00ed roky spl\u00e1cela \u00faroky za tyto p\u016fj\u010den\u00e9 pen\u00edze z v\u00fdnos\u016f st\u00e1tn\u00edch dluhopis\u016f. Te\u010f je ale v\u0161echno jinak. Centr\u00e1ln\u00ed banky po\u017eaduj\u00ed za p\u016fj\u010den\u00e9 pen\u00edze obrovsk\u00e9 \u00faroky a v\u00fdnosy ze st\u00e1tn\u00edch dluhopis\u016f nakoupen\u00fdch p\u0159ed mnoha lety se nezm\u011bnily, ty jsou po\u0159\u00e1d stejn\u00e9 a u\u017e tak nepokr\u00fdvaj\u00ed \u00farokovou slu\u017ebu za p\u016fj\u010den\u00e9 pen\u00edze od centr\u00e1ln\u00ed banky.<\/p>\n

Banky tak mus\u00ed hledat nov\u00e9 zdroje likvidity, a to je bu\u010f nav\u00fd\u0161en\u00ed pod\u00edl\u016f ze strany akcion\u00e1\u0159\u016f banky, kter\u00fdm se nab\u00eddne vy\u0161\u0161\u00ed pod\u00edl za to, \u017ee nasypou do banky likviditu, anebo se to \u0159e\u0161\u00ed prodejem dluhopis\u016f s obrovskou ztr\u00e1tou. Jakmile se tohle za\u010dne odehr\u00e1vat, je to sign\u00e1l, \u017ee banka je na tom \u0161patn\u011b a nem\u00e1 dostate\u010dn\u00e9 rezervy na kryt\u00ed likvidity. A te\u010f u\u017e douf\u00e1m ch\u00e1pete, pro\u010d elity cht\u011bj\u00ed zav\u00e9st digit\u00e1ln\u00ed m\u011bny, digit\u00e1ln\u00ed Euro, digit\u00e1ln\u00ed USD, digit\u00e1ln\u00ed Rubl atd.<\/p>\n

Runy na banky m\u00e1 ukon\u010dit zaveden\u00ed digit\u00e1ln\u00edch m\u011bn centr\u00e1ln\u00edch bank, v\u0161echny vklady se stanou rukojm\u00edm centr\u00e1ln\u00ed dohledov\u00e9 autority<\/span><\/h6>\n

Pokud budou zavedena digit\u00e1ln\u00ed aktiva v bankovn\u00edm sektoru, tedy jako v USA ji\u017e prob\u00edh\u00e1\u00a0[3<\/a>]<\/strong>\u00a0pilotn\u00ed projekt\u00a0CBDC \u2013 Central Bank Digital Currency<\/em>, potom u\u017e \u017e\u00e1dn\u00fd run na banku hrozit nebude.\u00a0Kontroln\u00ed org\u00e1n centr\u00e1ln\u00ed banky p\u0159i zn\u00e1mce runu na banku okam\u017eit\u011b zmraz\u00ed a zablokuje v\u0161em vkladatel\u016fm dispozi\u010dn\u00ed pr\u00e1va na v\u00fdb\u011bru<\/strong>, nebude moci nikdo pen\u00edze z \u00fa\u010dtu odeslat, proto\u017ee centr\u00e1ln\u00ed autorita (FED, ECB nebo partikul\u00e1rn\u00ed centr\u00e1ln\u00ed banka) nevyd\u00e1 pro transakci tzv. autoriza\u010dn\u00ed transak\u010dn\u00ed kl\u00ed\u010d (ATK).<\/p>\n

Digit\u00e1ln\u00ed m\u011bna podle n\u00e1vrhu FEDu a projektu CBDC bude prob\u00edhat tak, \u017ee ka\u017ed\u00e1 platba a odchoz\u00ed transakce bude vy\u017eadovat autoriza\u010dn\u00ed k\u00f3d, aby servery dok\u00e1zaly do syst\u00e9mu blockchainu operaci zapsat a zak\u00f3dovat. Pokud tedy centr\u00e1ln\u00ed autorita p\u0159estane pro klienty banky poskytovat ATK, nebudou moci pen\u00edze nikam odeslat, nep\u016fjdou ani vybrat do podoby hotovosti.<\/p>\n

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Digit\u00e1ln\u00ed rubl chyst\u00e1 i rusk\u00e1 centr\u00e1ln\u00ed banka<\/figcaption><\/figure>\n

Hotovost u\u017e ani existovat nebude. Klienti bank se tak stanou rukojm\u00edmi centr\u00e1ln\u00ed banky. A p\u0159esn\u011b k tomuto sc\u00e9n\u00e1\u0159i sv\u011bt sm\u011b\u0159uje a tyto bankovn\u00ed krize se maj\u00ed st\u00e1t z\u00e1minkou\u00a0casus belli<\/em>\u00a0pro zaveden\u00ed digit\u00e1ln\u00edch m\u011bn s c\u00edlem zamezit bankovn\u00edm run\u016fm. Zaveden\u00ed digit\u00e1ln\u00edch aktiv p\u0159itom nevy\u0159e\u0161\u00ed p\u0159\u00ed\u010dinu, ale pouze n\u00e1sledek runu. Run na banku je d\u016fsledkem banky, kter\u00e1 nem\u00e1 likviditu, je to pr\u00e1zdn\u00e1 schr\u00e1nka a nem\u00e1 pen\u00edze na v\u00fdplaty sv\u00fdch vkladatel\u016f. Elity pot\u0159ebuj\u00ed tedy zamaskovat nemocn\u00fd syst\u00e9m, kter\u00fd funguje z ni\u010deho, resp. z iluze aktiv, kter\u00e1 existuj\u00ed v \u00fa\u010detn\u00ed podob\u011b v digit\u00e1ln\u00edch aktivech, ale fyzicky je jejich v\u00fdb\u011br neuskute\u010dniteln\u00fd.<\/p>\n

Krize likvidity bank je d\u016fsledkem krize d\u016fv\u011bry v z\u00e1padn\u00ed bankovn\u00ed syst\u00e9m u vkladatel\u016f<\/span><\/h6>\n

A elity to cht\u011bj\u00ed vy\u0159e\u0161it t\u00edm, \u017ee mo\u017enost neuskute\u010dniteln\u00fdch v\u00fdb\u011br\u016f se \u00fapln\u011b zru\u0161\u00ed a ve\u0161ker\u00e9 pen\u00edze budou jen sou\u010d\u00e1st\u00ed digit\u00e1ln\u00edho sv\u011bta, kde mohou existovat, ale nikdy se u\u017e nikdo nesm\u00ed pokusit o jejich likviditu, jde-li to proti z\u00e1jmu a stabilit\u011b banky. Klienti dostanou podobnou zpr\u00e1vu: \u201cDobr\u00fd den. V z\u00e1jmu ochrany stability banky jsme nuceni va\u0161i platbu pozdr\u017eet, proto\u017ee v sou\u010dasn\u00e9 dob\u011b prob\u00edhaj\u00ed pokusy o hromadn\u00e9 v\u00fdb\u011bry a centr\u00e1ln\u00ed autorita pozastavila vyd\u00e1v\u00e1n\u00ed autoriza\u010dn\u00edch ATK kl\u00ed\u010d\u016f. Jakmile pokusy opadnou, va\u0161i platbu digit\u00e1ln\u011b zpracujeme. S p\u0159\u00e1n\u00edm p\u011bkn\u00e9ho dne va\u0161e XYZ Banka.<\/em><\/strong>\u201c<\/p>\n

Hromadn\u00e9 v\u00fdb\u011bry z bank v USA a v EU jsou d\u016fsledkem toxick\u00e9ho bankovn\u00edho prost\u0159ed\u00ed v kolektivn\u00edm Z\u00e1padu, kde va\u0161e pen\u00edze jsou bu\u010f p\u0159edm\u011btem program\u016f a spekulac\u00ed do projekt\u016f agendy\u00a0New Green Deal<\/em>\u00a0a s t\u00edm spojen\u00fdch rizikov\u00fdch investic bank, nap\u0159. investic do nesmysl\u016f okolo ochrany klimatu, anebo p\u0159edm\u011btem nezodpov\u011bdn\u00e9 politiky vl\u00e1d z\u00e1padn\u00edch zem\u00ed, kter\u00e9 si berou vklady ob\u010dan\u016f a firem za rukojm\u00ed v ideologick\u00e9m a sank\u010dn\u00edm boji proti n\u011bkter\u00fdm st\u00e1t\u016fm.<\/p>\n

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Signature Bank zkrachovala jen p\u00e1r hodin po krachu SVB<\/figcaption><\/figure>\n

To vede nakonec v hlubok\u00fd propad d\u016fv\u011bry v bankovn\u00ed sektor na z\u00e1pad\u011b do takov\u00e9 m\u00edry, \u017ee velc\u00ed vkladatel\u00e9 u\u017e nev\u011b\u0159\u00ed ani \u0161v\u00fdcarsk\u00e9mu bankovnictv\u00ed v reflexi na zmrazen\u00ed bankovn\u00edch \u00fa\u010dt\u016f rusk\u00fdch firem a podnikatel\u016f ve \u0160v\u00fdcarsku, \u010d\u00edm\u017e \u017deneva zni\u010dila sv\u016fj status neutrality. A spole\u010dn\u011b s t\u00edm, jak \u010c\u00edna se chyst\u00e1 a pomalu sm\u011b\u0159uje k vojensk\u00e9mu konfliktu na Taiwanu, tak je jasn\u00e9, \u017ee \u010d\u00edn\u0161t\u00ed investo\u0159i a obchodn\u00edci dost\u00e1vaj\u00ed dop\u0159edu echo od \u010d\u00ednsk\u00e9 vl\u00e1dy, aby uzav\u0159eli sv\u00e9 \u00fa\u010dty ve \u0161v\u00fdcarsk\u00fdch bank\u00e1ch v dostate\u010dn\u00e9m p\u0159edstihu, proto\u017ee je jasn\u00e9, k \u010demu dojde po invazi \u010d\u00ednsk\u00e9 arm\u00e1dy na Taiwan.<\/p>\n

-VK- \u0160\u00e9fredaktor AE News<\/a><\/p>\n

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N\u00e1kaza z krachu americk\u00fdch bank SVB a Signature se \u0161\u00ed\u0159\u00ed do Evropy! \u0160v\u00fdcarsk\u00e1 Credit Suisse…<\/p>\n","protected":false},"author":2,"featured_media":24560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[1042,503,283,371,276,37],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/24559"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=24559"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/24559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/24560"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=24559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=24559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=24559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}